Buying and Selling Domain Names a Win-Win Situation

Unless you are in the active business of buying and selling domain names, you will never realize how profitable this online industry is.

To the outsiders (non-Internet marketers), they may be appalled at the fact that a domain name can cost millions of dollars.

I remember that when pizza.com was sold at 6 million dollars and the international media ran the headlines about it, that was the time I started doing research on buying and selling domain names.

My study started in online discussions. There are forum sites solely dedicated to discussing domain names. I’ve joined three of the most popular domain-focused forums. My interest in buying and selling domains was bolstered when I read more stories of people who had actually made money in this business but with little investment.

If you want to try your luck on the domain business, I suggest you hang around active domain-focused forum sites, and in three months you will learn a lot from the experts free of cost.

As a start, you could invest 10 dollars for one domain name. A domain would cost at least $10 for an annual registration.

Let’s say you’ve been an owner of a particular domain name for five years and one day you decided to sell it. If the keyword (short and memorable) of that domain name would attract serious buyers in an auction, you could earn as much as $500 to $2,000 from the sale. Although a whooping sale does not happen all the time, your domain purchase, in an internet-driven perspective, is actually a better investment rather than have your money sleep in the bank and gain little interest after a year.

Even if you fail to sell your domain this year or next year, it is not a financial lose at all. As your domain gets older and older, its search engine optimization (SEO) value becomes greater.

According to SEO experts, an old domain name (provided there is a well-developed website on it) can rank higher in search engine result pages than a newer one. Take note that is only one of the factors in search ranking. Nevertheless, an old domain is like wine which tastes better as it ages.

You are in a win-win situation when you own a domain name. If you could sell it at a profitable price, congratulations.

If you cannot sell the domain, just build a website on it and drive traffic to your site and perhaps make money out of the traffic through affiliate advertising networks.

Article Source:

http://EzineArticles.com/?expert=Dino_Mangkoo

How to Sell Your Domain Name

If you’ve got an old website and registered domain name you’re preparing to take offline, you may have a chance to make a little money in the process. Don’t just let the lease on your domain name expire and fall back into the pool of available domain names. Believe it or not, domain names for websites can be valuable. There are companies, organizations, and individuals who are willing to pay to get the perfect domain name. just by selling or auctioning off your website’s old domain name, there is a good chance you can make some money-possibly even a lot of money.

You may have a lot of questions about this. How do you know how much your domain name is worth-if it’s worth anything at all? How do you go about advertising your old domain name’s availability? How do you handle the transfer to the new owner? This article will try to answer all these questions.

How Much Is Your Domain Name Worth?

Essentially, how much you can charge for your domain name depends on how highly demanded it is. If lots of people want it, one may be willing to pay more to get it. On the other hand, if you have an obscure domain name that almost no one wants, you won’t be able to charge much for it-if you can sell it at all.

Personal Names

If your domain name is based on your personal name, you may have a limited number of people willing to pay for it. If you have a rather common name, such as JohnSmith.com or BobJones.com, there may be a lot of people interested in it. If you have a rather obscure name, such as OliverMokrzycki.com, you may have trouble finding even one buyer.

Company Names

Company names have similar problems, mainly because a company name can generally only be registered to one company. If you have an unusual name for your online store, such as HotDiggity.com or KramphAndSons.com, you may not find many people interested in buying your domain name. On the other hand, if your company domino name contains rather non-specific words or slogans, such as TheComicShop.com or CornerStore.com, you might find several businesses who might want to buy such descriptive, easy-to-remember domain name for their online store.

General Names

The domain names that will attract the most interested customer and sell for the highest prices are ones that have very general or common words, such as FreeSamples.com, CheapClothes.com, or ComputerHelp.com. There are tons of companies, organizations, or individuals who might want to buy a domain name like that.

There are two tests you can do to tell just how valuable your domain name might be. The first is to measure your domain name’s search engine ranking. Go to a search engine like Goggle or Yahoo! and enter a common, general search term that might apply to your domain name. For the example domain names listed above, for example, do a search on “samples,” “clothes,” or “computer help.” If your domain name appears fairly high on the search engine’s results-say, on the first page or two-then your domain name may be in high demand by a company that wants to increase their website’s search engine ranking in order to reach more customers and attract more business.

The second test is see if your domain name contains high ranking keywords. There are certain keywords that people search on more often than others. For example, millions of desperate, sleep-deprived new mothers may enter the keyword “newborn” into a search engine much more often than a handful of hobbyist would enter “models”. If your domain names contains words that are popular, high-ranking keywords, that makes your domain name much more attractive to potential customers.

How Do I Advertise My Domain Name?

First, once you take down your old website, put up a notice in its place saying that the domain name is for sale. Be sure to include your contact information and any other data relevant to the sale.

Second, there are several websites available where you can advertise your domain name. You may have to a pay a fee for this service, but you are guaranteed to reach more potential customers this way. This is the difference, for example, between hanging a “for sale” sign in your car windows, and listing your car for auction on eBay Auto.

How Do I Transfer My Domain Name to the Buyer?

This is easier than you might think. Contact the company that registered your domain name to you, and let them know you are transferring ownership of the domain name to a different person. Let the buyer know the name of your domain name registrar as well, and have the buyer contact the same company that is handling the transfer. Once this is done, the domain name registrar should handle all the technical details for you.

Pace Work Technologies is a web hosting company and a domain register offering free domain name, dedicated server, virtual private server, semi-dedicated server, website builder, php scripts, 30 days money back guarantee and 24/7 customer and technical support.

Article Source:

http://EzineArticles.com/?expert=Marcus_Lim